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Wednesday, October 15, 2014

Alibaba Up in Trading Today in a Down Market

Shares of Alibaba are trading higher by .84% currently, resting at $85.62. This is following another 52 week intraday low of $82.81 per share. With the nearly $3 per share bounce off of the low, this is the makings of a firm 52 week low possibly. If so, shares may be undervalued here and investors and traders should take notice.